Consumer Finance

LendingPoint Launches Personal Financial Health and Management Tool for Customers
Consumer Finance
LendingPoint Launches Personal Financial Health and Management Tool for Customers
August 14, 2023

LendingPoint has added a personal financial health and management tool to its artificial intelligence (AI)-driven CreditTech platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Better Credit Scores Could Put $1,700 in Consumers’ Pockets
Consumer Finance
Better Credit Scores Could Put $1,700 in Consumers’ Pockets
August 10, 2023

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Fed Says Consumer Credit Grew 4.3% in June
Consumer Finance
Fed Says Consumer Credit Grew 4.3% in June
August 07, 2023

Consumer credit grew at a seasonally adjusted annual rate of 4.3% in June. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Home Is Where the Financial Stability Is — or Isn’t
Consumer Finance
Home Is Where the Financial Stability Is — or Isn’t
July 31, 2023

Rising prices for everything from food to housing continue negatively affecting United States households’ financial well-being. Even as consumers continue to adjust spending to make ends meet and put aside savings, 61% of consumers lived paycheck to paycheck as of June 2023, with 21% struggling...

CFPB: 44% of Student Loan Borrowers Getting New Providers
Consumer Finance
CFPB: 44% of Student Loan Borrowers Getting New Providers
July 30, 2023

When student loans resume this fall, many borrowers will send payments to new providers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Consumers Have Covered Credit Card Bills So Far, but Defaults Loom
Consumer Finance
Consumers Have Covered Credit Card Bills So Far, but Defaults Loom
July 30, 2023

Until recently, consumers were largely paying off cards and other loans. Current headwinds may change that. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Why Seniors’ Surprisingly Strong Spending Power Starts at Home
Consumer Finance
Why Seniors’ Surprisingly Strong Spending Power Starts at Home
July 25, 2023

Paid-off homes and higher savings cushions could be behind the elder generation’s purchasing abilities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Why the Fed Underestimates the Pressures of the Paycheck-to-Paycheck Economy
Consumer Finance
Why the Fed Underestimates the Pressures of the Paycheck-to-Paycheck Economy
July 25, 2023

Amber Carroll, senior vice president of membership and lifecycle strategy at LendingClub, told PYMNTS that the Federal Reserve’s long-quoted stat on financial well-being could use a freshening up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Klarna Partners With Money Adviser Network to Offer Debt Advice
Consumer Finance
Klarna Partners With Money Adviser Network to Offer Debt Advice
July 19, 2023

Klarna has joined forces with the Money Adviser Network (MAN) to enable its customers in the United Kingdom to get fast, free debt advice. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...